Freshpet (FRPT Quick QuoteFRPT - Free Report) is a company that manufactures and markets natural fresh meals and treats for dogs and cats, that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on FRPT’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Freshpet could be a solid choice for investors.

Current Quarter Estimates for FRPT

In the past 30 days, one estimates have gone higher for Freshpet while one has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 9 cents a share 30 days ago, to 11 cents today, a move of 22.2%.

Current Year Estimates for FRPT

Meanwhile, Freshpet’s current year figures are also looking quite promising, with one estimate moving higher in the past month, compared to five lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of 15 cents per share 30 days ago to a loss of 14 cents per share today, an increase of 6.6%.

Freshpet, Inc. Price and Consensus

Freshpet, Inc. price-consensus-chart | Freshpet, Inc. Quote

Bottom Line

The stock has also started to move higher lately, adding 19.4% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #3 (Hold) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.